Many blockchain platforms under the decentralized finance offer high yield pools and farming options for it's community surpassing yields on investments done under the traditional way of finance.
Binance has launched a brand new fiat funding option for the Binance users in South Africa. The new fiat channel will act as both a fiat on- and off-ramp, allowing South Africans to deposit and withdraw funds to/from their Binance account using your local bank account.
The peer to peer trading is growing fast in the Africa market, most especially in Nigeria. Binance P2P reported a total trading volume of $280 million snce the launch of the Nigerian Naira (NGN) in March 2020.
Changpeng Zhao (Chinese: 赵长鹏) is a Chinese-Canadian business executive, who is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume since April 2018.
Following the recent PayPal listing which confirmed the listing of Bitcoin, Ethereum Litecoin among others on PayPal, a recent tweet also has Binance USD on the list.
KYC stands for Know Your Customer. It refers to a process that financial institutions use to gather data contact information for identifying their current and potential customers.